The sticker price of a college doesn’t always tell you what your family may actually pay.
If you have a child starting to look at colleges, a school’s Net Price Calculator can be a helpful place to start. It provides an estimate of potential grant aid based on your family’s financial information—and gives you a better idea of what your actual out-of-pocket cost could look like.
Running the calculator for several schools can help families compare:
• Estimated cost of attendance
• Potential grant aid
• Estimated net price
• Student loans or work-study
• Remaining estimated cost
It’s not a guarantee of financial aid, but it can be a useful planning tool as you compare schools and think about how college fits into your broader financial plan.
🎥 Watch the video below for a brief explanation of how College Net Price Calculators work and how families can use them during the college planning process.